What is Over under Betting?
In simple terms, in the over and under betting, punters have to place a bet either over or under the value specified by the bookmaker. Although the over under meaning is pretty easy to comprehend, there is still a lot more that goes into making this kind of a bet in sports betting.
Over under bet, sometimes also known as the total bets, allows punters to make a bet on the total value set by the bookmaker. Here, Indian sports bettors can place their bets on the total score of an event. Note that every score of an event will be different based on the kind of sports you are betting on. If you are facing difficulty looking up for over and under bets, we suggest that you try typing in ‘total bets’ instead. Since it is an extremely popular kind of bet in the sports betting industry, Indian punters can easily come across it while browsing through different sportsbooks.
The total bets is available for a wide range of sporting events such as tennis, ice hockey, soccer, football, etc. Even if the bet seems difficult at first, as long as you have a clear understanding of the basics, you can easily place your bets without worrying about anything else. An example of over and under betting could be a game of football. Here, the bookmaker will state that the sum of the score of the two teams playing is going to be 8. Now, punters can either place their bets over this value or under it.
If you wager 100 INR for over 8, and you end up being right, then you can cash out the wins based on the odds. If you lose, then you lose the amount you used to wager the bet. If you are still unclear about over under meaning, do not worry because there are more examples and tips about the bet mentioned below!
Why Should Punters Do Over Under Betting?
One of the most commonly used bets after the outright bet is the total bets. Total betting has been in use ever since the first gambling event in history. The main reason behind total betting being this popular among punters in India is the straightforward rules of this bet. And this makes it the perfect sort of betting type for beginners!
Unlike outright bets, over and under bets do not require you to place a bet on a single team. Therefore, it won’t matter if you support either of the teams since you will be placing your bet based on the total score of both teams. In fact, you would also want the other team to score, in order to see the outcome play out according to the bets you have placed.
Maximize Your Advantages with Over and Under Bets
Even if you have the basics of over and under betting in your grasp, it is still necessary to keep other external factors in check so that the win is at least 60% guaranteed.
For this, you will need to take certain factors into consideration before placing your total bets. Here are some of the factors that you can control in order to maximize the advantages of your total betting:
Use a Betting Exchange
With so much going on during a sports betting event, it can be difficult to look for a specific kind of bet with the right odds. So in order to save yourself the hassle of having to jump from one sportsbook to the other, head to a betting exchange site to place your total bets.
However, do note that you may have to pay a small amount as commission to the betting exchange.
Observe the Defense Strategy
Total betting is all about placing your bets without having to pick a favourite team. So what is it about defenses that you should specifically look into?
Remember how the entire point of the bet is to make a bet over and under the total score? So for that to happen, both of the teams need to score. However, both of the teams will tackle each other as best as they can to prevent the other from scoring. Therefore, if one of the team has a strong defense, the other will rarely be able to score.
Now that you know this, before placing over and under bets, take the defense into account. Go through clips of past matches of both teams and take notes of their defense strategies. This will give you a better idea about what the total score could stand to and enable you to make the right bet.
This is a factor that no punter has control over. The weather can change at any point in time while the event is taking place.
Therefore, the best thing that you can do before making total bets is to carefully observe previous games. This will ensure that you have a good idea about how each player performs during weather changes. For example, a player may not be in his best shape if it starts drizzling. Another example could be that one player might be able to showcase his best performance during the day but his performance may not be as good during nighttime.
Hence, take weather into consideration every time you head to your sportsbook for total betting.
Use Many Lines
Using multiple lines gives punters a chance to recover from whatever loss they have made from their initial bet. Multiple lines are generally available for soccer betting. Thus if you want to make the most out of total betting, we suggest that you try out multiple lines to maximize your profit.
Do Your Research
You will never be prepared enough if you don’t do your research right before total betting. There are countless books available on sports betting for any time of sports. Make use of every source you can find regarding the sports you prefer for betting.
You can also find a number of clips and videotapes of previous matches online to study the games. The more thorough your research is, the more chances you will have of winning the bet. Not to mention, researching may lead you to decipher certain things in a game that the bookmakers might not even be aware of. This will lead you to select the best odds for total betting.
You should also look into the performance of individual players to gain a better perspective of how things may play out during a game.
Make Use of the Live Betting Feature
Perhaps the best thing about live betting for total bets is that you can make changes to the selections while the game is going on. Generally, sportsbooks offer separate segments for total betting during an event. This allows you to tweak your bets in every segment as the game progresses.
In addition, thorough research can enable you to place the right bets as you see the game unfolding before your eyes. You are more aware of the outcome that may play out, hence giving you an upper hand over all the other punters participating in the same betting event.
Over under Betting Example
For those of you who are not being able to grasp the over under meaning as well as you thought you would, here is an example for you –
Let us take NHL teams Montreal Canadians and Chicago Blackhawks as an example. Assuming that the bookmaker has placed the odds as -115 for 6 over and -105 for 6 under. Now, if you are wagering on over and you win the bet, you get to cash out the profit along with the wagering amount. If you lose, you lose the money you have wagered. Remember, for total betting, you wager on the score of both teams!
Pros of Total Bets
Hopefully, you now know the over under meaning. If so, we suggest that you now consider the pros of placing total bets.
There are many pros of total betting. We have listed down a few of them for you below:
- Easy for Beginners – No one likes to begin their gambling experience with complicated bets like the accumulators bet or arbitrage betting. Since the rules are pretty simple and easy to comprehend after thorough research, beginners can actually take the leap and try out the over under betting. What’s more, there are no complex calculations involved in this type of bet!
- Unique – Perhaps one of the best things about over under betting is that you do not bet on a particular team. Crazy, right? You do not have to side with the underdog team or the favourite team. You will have to root for both to achieve the outcome of the bet you have placed. This means that whenever either of the team scores, you get to enjoy!
- Availability – Unlike complicated bets like the accumulators, over under betting is readily available in most Indian sportsbooks. This is a good pro in the sense that you can find it available on any sportsbook that you sign up for.
Cons of Total Bets
Yes, every bet has a few disadvantages associated with it despite the numerous advantages. Here, we have noted down some of the cons of total betting for Indian punters –
- Huge Loss – The only major con of a betting as simple as the total bets is that you can incur huge losses if you place the wrong bets. You need to be cautious while using your bankroll. Do not go on a rampage placing bets again and again to recover from the losses you have already incurred from total betting.
- Plenty of Research – This is a universal disadvantage for all kinds of sports betting. You have to spend a good deal of time doing your research so that you understand over under meaning. For this, you can take the help of books, video clips, or any article on the internet that you can find. Not to mention, this guide has specifically been written so that punters from all over the world, including India, can understand over under meaning without any difficulty.
- You Cannot Root for Favourite Team – It is difficult for sports fanatics to not have a favourite team. Since the total bets is all about the entire score of both teams, punters will have mixed feelings throughout the game, especially if they have placed high staked total bets. The situation is almost sad since you can in no way root for your favourite team since the outcome needs to be in line with the bet that you have placed.
Before you head into the concept of odds in total bets, perhaps it would be wise to take a look at the examples again to see if you can comprehend the over under meaning.
If you think you have a full grasp and knowledge of over under meaning, by all means, try and figure out the odds, for it is not as difficult for this type of betting. The major difference that you will notice with the odds from over under betting and other types of betting is that the odds are placed on the outcomes instead of the teams. Which is in essence, the over and under.
You will notice that bookmakers often place similar odds for both over and under. A standard value that you can usually see is -115.
Over and Under Offers and Promotions
Every sportsbook has exciting bonuses to offer to the punters so that they are always consistent with their gambling on the iGaming website.
When you head to an iGaming platform, you will notice that the home page is generally bombarded with plenty of bonus offers and promotions. This is generally done in an attempt to attract as many customers as possible. However, these offers and bonuses are always changing as per the bookmaker’s preferences keeping the on-going events in mind. A lot of sportsbooks often offer bonuses if a punter ends up winning an over under betting.
However, the offers will of course vary from bookmaker to bookmaker. This is why if you understand the over under meaning, take the time to browse through different sportsbooks to see which one has the best promotions and bonuses to offer.
What Are the Alternatives to Over Under bets?
One of the best alternatives to over and under is the outright bets, widely recognized as the moneyline bets. If a punter has a good understanding of over under meaning, then he or she will have no difficulty understanding outright bets.
For this kind of bet, you will make a bet on the team or the player you think will win an event.
System bets are popular for the logical approach behind it. You can take advantage of plenty of system bets online. Some of them include the Martingale System and the Fibonacci pattern.
Over under Betting – FAQ
For those of you who still have questions about over under meaning, we sincerely hope that the FAQ section is able to help you out. For we have listed down some of the most basic questions that Indian punters generally have about over under betting.
The first step is to do research on the over and under bets to have a basic knowledge about over under meaning. Once you have done that, head to the sportsbook you have signed up in and look for events that are offering over under betting markets. After you have located a few, select the ones offering the best odds with your preferred event and make the bet.
Definitely! The more lines you place the total bets in, the more profit you will be able to make.
Sadly, you cannot cash out still to be settled bets for total betting.
In this era, everyone has access to a smartphone and a stable internet connection. If the sportsbook you have joined has a dedicated app for its punters, then you can definitely place the over and under bets using your smartphone.
No, you cannot expect to win every bet you make. Every bet has different factors that affect the outcome. And gambling is a recreational activity that is based on luck. Hence, think of every money you wager as the price you are paying for recreation.
It is possible for punters to not be able to control their gambling impulses while sports betting. There are endless opportunities of bagging about huge profits and it is irresistible to let go of some of these chances.
However, it is essential to remember that you are gambling for recreational purposes in your free time. So if you see that gambling is hampering your health along with your day to day activities, seek professional help immediately.
Recap of Over under Betting
If you are a sports bettor who loves the thrill involved with sports betting, we can guarantee that you will absolutely love the over and under bets. The odds and rules are easy to get a hold of once you have the basic knowledge of the over and under meaning.
What’s more, there are plenty of opportunities to make huge wins!
So, what are you waiting for? Try out the over and under bet today to cash out the biggest wins of your entire gambling history!